Park Ridge Chamber Of Commerce
- Assets
- $211.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 3
- Location
- Park Ridge, IL
- Founding
- 11/1966
- Data as of
- 12/2020
- EIN
- 36-2055331
Organization Overview
Park Ridge Chamber Of Commerce is located in Park Ridge, IL. The organization was established in 1966. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2020, Park Ridge Chamber Of Commerce employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Park Ridge Chamber Of Commerce is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2020, Park Ridge Chamber Of Commerce generated $99.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $186.6k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3
SEE ATTACHED STATEMENT FOR EXEMPT PURPOSE ACHIEVEMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gail Haller Executive Dir. | 40 | $47,407 | |
Jacqueline Mathews Executive Dir. | 40 | $30,000 | |
Anna Wasyliw Treasurer | 15 | $0 | |
Dick Barton Director | 5 | $0 | |
Marko Ratic President | 5 | $0 | |
Curtis Edlund Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $77,144 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $529 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $12,509 |
| Other Revenue | $9,365 |
| Total Revenue | $99,547 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $147,406 |
| Professional fees and other payments to independent contractors | $6,300 |
| Occupancy, rent, utilities, and maintenance | $13,580 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $19,298 |
| Total expenses | $186,584 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $161,066 |
| Other assets | $0 |
| Total assets | $211,923 |
| Total liabilities | $185,042 |
| Net assets or fund balances | $26,881 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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International Code Council Inc Country Club Hills, IL | $173,275,221 | $89,069,791 |
American Property Casualty Insurance Association Chicago, IL | $156,045,230 | $59,541,606 |
Healthcare Information And Management Systems Society Chicago, IL | $52,722,997 | $65,054,367 |
Inter-Industry Conference On Auto Collision Repairs Hoffman Estates, IL | $98,841,828 | $60,778,547 |
Iowa Soybean Association Ankeny, IA | $41,040,308 | $49,594,198 |
Society Of Actuaries Professional Association Schaumburg, IL | $48,907,069 | $54,354,624 |
Association Of Equipment Manufacturers Milwaukee, WI | $65,690,987 | $35,929,615 |
Ipc International Inc Bannockburn, IL | $35,069,140 | $30,776,508 |
Apics Inc Chicago, IL | $42,029,595 | $30,789,675 |
International Sanitary Supply Association Rosemont, IL | $73,095,156 | $16,343,711 |